Finance Mentor

1. Elon Musk – $433.9 Billion Age: 53 Citizenship: United States Source of Wealth: Tesla, SpaceX, xAI, X (formerly Twitter)  2. Mark Zuckerberg – $216 Billion Age: 40 Citizenship: United States Source of Wealth: Meta Platforms  3. Jeff Bezos – $215 Billion Age: 61 Citizenship: United States Source of Wealth: Amazon, Blue Origin  4. Larry Ellison – $192 Billion Age: 80 Citizenship: United States Source of Wealth: Oracle Corporation  5. Bernard Arnault & Family – $178 Billion Age: 76 Citizenship: France S P ource of Wealth: LVMH (Louis Vuitton, Moët & Chandon, Hennessy)  6. Warren Buffett – $154 Billion Age: 94 Citizenship: United States Source of Wealth: Berkshire Hathaway    7. Larry Page – $144 Billion Age: 52 Citizenship: United States Source of Wealth: Google (Alphabet Inc.)

Published: June 4, 2025  Leadership Transition: Buffett's Upcoming Retirement Warren Buffett, the legendary investor and CEO of Berkshire Hathaway, announced at the company's annual meeting on May 3, 2025, his intention to retire as CEO by the end of the year. He will remain as chairman of the board. Greg Abel, currently vice-chairman for non-insurance operations, has been named as his successor.   📉 Market Reaction: Decline in Berkshire Hathaway Stock Following the announcement of Buffett's impending retirement, Berkshire Hathaway's stock experienced a decline of approximately 8%, reaching its lowest levels since early April. Analysts attribute this to the erosion of the "Buffett premium"—the added value investors placed on the company due to Buffett's leadership.   💼 Portfolio Adjustments: Strategic Reallocations 🏦 Exiting Financial Institutions Berkshire Hathaway has made significant changes to its investment portfolio, notably exiting positions i...

By [Finance Mentor] | June 3, 2025 In a move that marks the end of one of the most iconic traditions in the financial world, Warren Buffett, the legendary chairman and CEO of Berkshire Hathaway, has announced that he will not attend the 2026 Annual Shareholders Meeting. For over six decades, Buffett has been the central figure at these annual gatherings in Omaha, Nebraska, often referred to as the “Woodstock for Capitalists.” His absence in 2026 will signal the closing of a historic chapter — and the beginning of a new era for Berkshire Hathaway and its shareholders. Why He’s Stepping Back While no official statement detailing specific health concerns or pressing obligations has been released, Buffett, who will turn 96 in August 2026, has gradually been preparing both his company and the public for a future without him at the helm. In recent years, he has increasingly delegated responsibilities to Vice Chairmen Greg Abel and Ajit Jain, with Abel widely seen as the heir apparent for the...

 Here are Top 5 Pakistan Stock Exchange (PSX) dividend-paying stocks that are strong candidates to buy and hold for decades, based on historical performance, dividend consistency, business stability, and long-term potential: ✅ 1. MCB Bank Ltd (MCB) Sector: Banking Dividend Yield: ~12–15% (historically) Why Hold: One of the most stable and consistently profitable banks in Pakistan. Regular cash dividends and strong capital base. ✅ 2. Oil & Gas Development Company (OGDC) Sector: Oil & Gas Exploration Dividend Yield: ~10–14% Why Hold: Backed by government, massive reserves, high cash flows, and consistent dividends even during economic downturns. ✅ 3. Pakistan Petroleum Ltd (PPL) Sector: Oil & Gas Exploration Dividend Yield: ~8–12% Why Hold: Low-cost producer, solid reserves, consistent profitability. Beneficiary of rupee devaluation and rising energy demand. ✅ 4. Fauji Fertilizer Company (FFC) Sector: Fertilizer Dividend Yield: ~12–16% Why Hold: Monopoly-like position, st...